Most drivers are at least 19 years old by the time they reach their 20th birthday. This is evident in theAverage cost of car insuranceThis age group is eligible.Drivers aged 19 years old pay on average $4,146 annuallyAccording to Bankrate’s 2021 study on annual premiums, it is $1,100 less than the 18-year-olds who have their own full-coverage policy.
While rates tend to decline as drivers age, it is not uncommon for young drivers to find the best auto insurance policy at an affordable rate. To help assist drivers in finding appropriate coverage, Bankrate compared quotes and policies from multiple providers to evaluate some of the best car insurance options for 19-year-old motorists.
What is the cost of car insurance for a 19 year-old?
Quadrant Information Services was used to gather and compare up-to-date rates from dozens auto insurers. This helped young drivers make informed decisions about their insurance.A 19-year old’s average annual cost for full coverage car insurance is $4,146Based on annual premiums quoted.
Car insurance companies often consider a short driving record when deciding whether to insure you.young driversIt is risky to insure anyone under 21 years of age. Recent research from theInsurance Institute for Highway Safety(IIHS) discovered thatDrivers aged 16-19 years old had the highest rates of single-vehicle fatalities than any other age group.In 2019, 682 car crashes were caused by 19-year-olds, the most among any age group of drivers under 21.
The average cost of car coverage for 19-year old males is slightly more than that for females. Historically, both age and gender tend to be strong indicators of driver risk.
Average car insurance cost for both men and women
Car insurance costs more for 19-year old males than it does for 19-year old females. Each car insurance company has underwriters who determine the cost of car insurance based on several factors set by the insurance firm, including the driver’s stated gender. Insurance companies frequently factor gender into their rates due to the fact that women are statistically more risky than men. It is important to note that not all states allow gender as a rating factor. This includes California, Hawaii and Massachusetts.
Below is a table that compares the average cost of car insurance for males and women aged 19 years.
The best car insurance companies for 19 year-olds
For 19-year-old drivers looking for auto insurance coverage, there are many options. We used 2021 average premium data to help us understand the insurance landscape and compared standout coverage options of each insurer to highlight the top car insurance companies.
Auto-Owners is a great choice for drivers who want to communicate with their insurer one-on-one. Auto-Owners has 48,000 licensed agents who can help you with the insurance purchasing process. Additional to the knowledge of its agents, Auto-Owners policies offer useful add-ons to 19-year olds such as diminished value coverage. This ensures that your claim payout covers the cost of repairing your car to its original value.
Erie is the lowest-priced provider available to all drivers within its coverage states. This makes it stand out as a reliable and affordable car insurance company. Erie offers many “extras” to its standard policies that are not offered by other providers. These include pet coverage and locksmith service. You can add the rate lock endorsement for your auto policy to keep it affordable and get relevant discounts such as the young driver discount for drivers younger than 21 years old.
Geico is not as cheap as Erie, but it offers so many discounts that many drivers should be able to lower the average annual premium by a good margin. Geico’s top-rated mobile application is available to policyholders. In addition to coverage from a trusted company, It allows you to view your ID cards and make payments. You can also request roadside assistance, check the status of your claims, and file a claim.
Although Travelers insurance policies tend to be more expensive than those from other providers, there are many discounts that 19-year-old drivers can apply to lower their premiums. There are a number of ways you can save on your coverage, including discounts for young drivers like distant student, good student, and driver training. You can save up to 80% by using every discount that applies to you. It is possible to get a premium that rivals or exceeds the low-cost auto insurers by taking advantage of every discount available.
USAA is an insurance company that only covers current and retired military personnel, their immediate families, and not to civilians. Despite its membership requirements, USAA consistently earns high J.D. AM Best rates it as having high customer satisfaction and superior financial strength. If you are 19 and you qualify, getting a quote from USAA could provide you dedicated coverage and savings opportunities like its SafePilot program, which offers up to a 30% discount for safe driving behaviors.
Car insurance for 19-year olds at the lowest price
Many 19-year olds are looking for coverage because price is often a major consideration, especially for younger drivers who tend pay more for car insurance.cheapest auto insurance available. We compared rates across providers and found five providers that offer the lowest car insurance. They are available in all 50 states as well as Washington, D.C. Young drivers aged 19 and younger could save significant by buying a policy through these providers.American National is the average policy that costs $2,702 less than full coverage car insurance for 19 year-old drivers nationally.
How to get car insurance at a discount for 19-year olds
A variety of ways can a 19-year old save money on their insurance policy. Discounts are one of the most popular ways to save money on your policy. But there are other options.
Use an older car
It is more expensive to replace a new car than a used one. Your insurance company may not charge you as much for an older vehicle. It is worth looking at how the cost of insuring an older car may impact other costs such as higher chances of mechanical breakdown.
Choose a safer vehicle
Insurance companies assign rates based upon risk factors. Cars with additional safety features tend to be less expensive to insure. For example, a car with a good crash rating will likely get you a higher premium because you and your passengers are less likely to be seriously injured in an accident.
Opt for a higher deductible
You will pay less monthly for insurance if you choose a high-deductible policy. The tradeoff is a higher out of pocket payment in the event you are involved in an accident. Insurance agents recommend that you review your budget before you decide on a deductible.
Car insurance based on usage
A usage-based policy for car insurance may be right for you if you’re a student full-time. The amount you pay each month for a usage-based policy will depend on:
- How far can you drive
- How long do you drive?
- Type of car that you drive
- How fast you can drive
- How good you drive
You may not find the right provider for you. Consider online reviews such as the ones by AM Best or J.D. Power.
There are a variety of discounts 19-year-old drivers can take advantage of. These discounts include:
- Good student
- Driving course for defensive driving
- Full payment
Every company has its own requirements and discounts. Ask about the discounts available and how they would impact your monthly rate before you sign up for any provider.
Take advantage of the student discount
Many insurance companies offer a great student discount. Young drivers with a minimum 3.0 GPA at school will be eligible for a good student discount. For drivers aged 19 who are insured by their parents’ policy.A good student discount can reduce the average national cost of full-coverage car insurance from $1674 to $1,247 per annum.
Take advantage of the remote student discount
Insurance companies often offer a discount for distant students who are not enrolled in their vehicle. If your student lives more than 100 miles from home, most insurance companies will allow you to apply the distant students discount. For 19-year old drivers who are insured under their parent’s policyA distant student discount lowers the average national cost of full-coverage car insurance from $1.674 per annum to $1.483 per annum
How to get the best car coverage for a 19 year old
It is important to do your research and shop around to find the best car insurance for 19-year-olds. Each insurance company has a different rating system that determines the price of car insurance.
Consider starting with basics in understanding your state requirements, researching the best insurance companies in your ZIP code and checking that there are applicable discounts like good student or driving training to help save costs.
Questions frequently asked
What is the best car insurance for 19-year olds?
American NationalAndUSAATwo of the lowest average premiums for 19 year-olds are offered by these two insurers. Both insurers provide coverage across the country, but USAA coverage is only available to military personnel and their families. There are many options for affordable car insurance. It is worth comparing quotes from different companies to determine which insurers offer you the most affordable premium for your driver profile.
Are men paying more for car insurance when they’re 19 than women?
Male drivers aged 19 years old typically pay more for car coverage than female drivers the same age. This is because males are statistically more likely to speed and get into accidents. As men get older, the insurance they pay becomes more consistent with that of female drivers.
When is it time to get rid of my parent’s auto insurance policy?
Car insurance allows you to stay on the parent’s policy as long you are a listed driver and live in the same household. Most young drivers opt to buy their own policy after they move. Before you move, make sure to research the average rates in different cities or towns. Rates can vary greatly even within one ZIP code.